Jeffrey Gundlach's 10 Economic Predictions, Trends for Advisors to Watch
Related: 5 Top Market Predictions From Ark's Cathie Wood
Don't believe anybody who tells you the U.S. economy is soaring, according to Jeffrey Gundlach, DoubleLine Capital CEO and chief investment officer. During his latest webcast, Gundlach argued that signs of economic growth in recent months are merely illusions. Reasons include the U.S. government's massive spending since the COVID-19 pandemic started and the fact that the U.S. labor market continues to struggle, he said. Among the other trends and forecasts he discussed on the webcast were the Federal Reserve's expected tapering, the evictions and foreclosures expected to happen across the country as moratoriums are lifted, consumer confidence, inflation, the U.S. dollar, gold and the performance of commodities. See the gallery above for the top 10 trends and predictions discussed on the webcast. --- Related on ThinkAdvisor:
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